177, MARKS ROAD, ROMFORD, RM7 7AF - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

177 MARKS ROAD is a very small extended terraced house of 70m², built sometime between 1900 and 1929, which could now be worth an estimated £422,433. It was last sold for £255,000 in January 2015, which was around 4% below the average January 2015 terraced price in the Havering local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

177 MARKS ROAD Sold Prices

Land registry data shows five sales for 177 MARKS ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. All of the five 177 MARKS ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 29 JAN	£255,000	£264,766	4% below HPI
2006 10 FEB	£184,995	£190,231	3% below HPI
2004 16 JUL	£176,000	£180,842	3% below HPI
2002 16 AUG	£120,500	£140,016	14% below HPI
1999 24 SEP	£74,750	£86,872	14% below HPI

177 MARKS ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Havering local authority area over time, sourced from the HPI. The five 177 MARKS ROAD sales between September 1999 and January 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 177 MARKS ROAD be worth now?

177 MARKS ROAD might now be worth an estimated £422,433.

This is based on house price inflation of 65.7%, between January 2015 and May 2026, for terraced houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.7% inflationary increase is applied to the most recent sale price for 177 MARKS ROAD of £255,000 on 29th January 2015. For the value to have increased from £255,000 to £422,433 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 177 MARKS ROAD has moved in line with the HPI for terraced houses in the Havering local authority area.
• The January 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 177 MARKS ROAD has not materially changed since January 2015.

How Large is 177 MARKS ROAD?

177 MARKS ROAD is 70m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of terraced houses houses in Romford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Romford, and where 177 MARKS ROAD lies on this distribution: 4% of terraced houses houses are smaller than 177 MARKS ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Romford.

177 MARKS ROAD: Plot and Title Map

177 MARKS ROAD sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 177 MARKS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 177 MARKS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 177 MARKS ROAD?

177 MARKS ROAD is located in ROMFORD, in the RM7 postcode district. The below map shows the position of No. 177 on MARKS ROAD.